Merlo America LLC and First Citizens Bank announce vendor finance partnership

Merlo America LLC, the North American arm of the renowned Italian machinery manufacturer Merlo S.p.A, has entered into a new vendor finance agreement with First Citizens Bank Equipment Finance. The partnership aims to provide Merlo customers with competitive leasing and lending solutions to acquire advanced construction and agricultural equipment.

The agreement is expected to make it easier for businesses to invest in Merlo’s premium line of machinery, including its signature multi-use telehandlers and other equipment known for durability, innovation, and performance.

“Our telehandlers and other equipment deliver enormous value to customers who prize quality, reliability and performance from their equipment,” said Cole Renken, General Manager of Merlo America.

“Our company is pleased to collaborate with First Citizens Bank Equipment Finance to provide our clients with outstanding financing options that will empower them to acquire the equipment needed to operate and grow their businesses.”

Headquartered in Rock Hill, South Carolina, Merlo America is a key player in the North American market and represents Merlo S.p.A’s commitment to expanding its reach beyond Europe. The parent company, based in Italy, is a family-owned industrial group that engineers and manufactures all its equipment in-house under the “Merlo” and “TreEmme” brands. The machines serve a broad range of applications in construction, agriculture, tree care, and industry.

First Citizens Bank’s Equipment Finance group brings a proven track record in facilitating financing for original equipment manufacturers (OEMs), vendors, and small to mid-sized businesses across various sectors.

“Merlo America is widely recognised throughout the industry for its accomplishments in supplying top-quality telehandlers and other construction and agricultural equipment,” said Harold Ray, head of the construction group at First Citizens Bank Equipment Finance.

“We look forward to a long and successful relationship with Merlo and its clients in providing financing options that best meet their business objectives.”